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Sold on Aug 3, 2026 for $1,060,000

1200 Gold Hill Rd, Newcastle, CA 95658

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Property Highlights

Residential

Property Type

Single Family Residence

Sub Type

1999

Year Built

1,352

Sq Ft

2

Bedrooms

2

Bathrooms

N/A

Days On Properkey

11.40

Lot (acres)

226031010

MLS #

METROLIST

MLS Source

Description

**Seller finance considered.This 11.4-acre property in the Gold Hill area of Newcastle offers a streamlined development opportunity with clear potential to split into two estate-sized parcels, aligning with the 4.6-acre minimum requirements. Ideal for a small-scale developer or builder, the site supports a strategic two-lot configuration, each capable of accommodating a primary residence, ADU, and accessory structures such as a shop or barncreating strong resale or end-user appeal in the luxury rural market. The property benefits from significant existing infrastructure, including multiple wells and a 4-inch NID main delivering approximately 36,000 gallons per day, substantially reducing upfront utility costs and complexity. Electricity and an existing septic system are already in place, allowing for a more efficient path to development. The presence of these key utilities can also be advantageous when pursuing construction financing, as lenders often view improved sites more favorably due to reduced development risk and cost. Financing terms and qualifications will vary and are dependent on each individual buyer's financial profile, lending guidelines, and overall project scope. The current manufactured home can be removed, offering flexibility in site planning and positioning for optimal layout and views. Each potential parcel features usable, irrigated land enhanced by mature, producing olive trees, providing both aesthetic value and potential supplemental income. The original homesite captures expansive sunrise and sunset views, offering an ideal setting for a high-end build. Additionally, the existing 100+ year-old barn, equipped with water, electricity, and a tack room, presents an opportunity for adaptive reuse or added value as an amenity feature. For personal builders or developers, this is a rare chance to execute a two-lot luxury build strategy with strong infrastructure already in place, agricultural tax advantages, and a distinctive setting that blends Tuscan-style appeal with Northern California ranch livingpositioning the project for premium end-user demand.

Listed by Alexandra A. Richards • DRE #02223115 • Vista Sotheby's Intrn'l Realty

Bought with Alexandra A. Richards • DRE #02223115 • Vista Sotheby's Intrn'l Realty

Contact: (530) 720-8126

Contact: [email protected]

MLS #: 226031010
Source: MetroList Services

Property Features

View: Pasture, Forest, Hills, Woods
Lot Features: Garden, Split Possible
Horse Amenities: Pasture, Barn(s), Tack Room, Fenced, Hay Storage, Irrigated Pasture
Pets: Yes

Building & Construction

Construction Materials
Wood, See Remarks, Other
Roof
Composition
Foundation
Raised

Interior & Comfort

Heating
Central
Cooling
Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)
Flooring
Carpet, Concrete, Simulated Wood, Tile, Wood
Interior Features
Formal Entry
Windows
Dual Pane Full

Appliances & Equipment

Appliances
Hood Over Range, Ice Maker, Dishwasher
Other Equipment
Dish Antenna

Utilities

Nearby

Active Pending Closed Rental

Elementary School

Newcastle Elementary District

Middle School

Newcastle Elementary District

High School

Placer Union High District

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: August 25, 2026 10:46 PM PT
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